Posted on 08/15/2013 7:31:48 AM PDT by SeekAndFind
Edited on 08/15/2013 7:33:37 AM PDT by Admin Moderator. [history]
From day care to the monthly grocery bill, the cost of raising a child is climbing at a rate that many families can't keep up with.
It will cost an estimated $241,080 for a middle-income couple to raise a child born last year for 18 years, according to a U.S. Department of Agriculture report released Wednesday. That's up almost 3% from 2011 and doesn't even include the cost of college.
(Excerpt) Read more at money.cnn.com ...
No problem. Some gumint program will be put in place to take care of the difference.
This is why gay people have so much political power. Since, they have no kids (usually), they have more disposable income and more money to donate to political causes.
Just not seeing that price. My kids wear stuff from the consignment store, Walmart and Target sale racks. The biggest expense is homeschool curricula. We reused the crib, carseats, stroller and most of their clothes get handed down too.
I wonder if these people aren’t sneaking caviar into the baby food jar.
That’s funny. I know three families with 12 kids, and none of them has come close to having that kind of money. Yet they are all well-groomed, fed, and within one standard deviation of intellectual and physical ability in both directions, mostly above average.
Why would the 70K housing be for EACH kid?
My kids share a room. Their choice. We have a small brick ranch house.
That ‘healthcare’ for kids has doubled in price since the government has gotten involved in healthcare is telling though.
So, that’s where my $1M went!
RE: This is why gay people have so much political power. Since, they have no kids (usually), they have more disposable income and more money to donate to political causes.
Could concern about the COST of raising kids be also one reason why families in the western world are : 1) Not marrying; 2) Not having kids even when married?
Same here. I'm guessing that they're figuring in the mandatory waste of money on college tuition.
Bottom line: my children are priceless. Nothing else in life compares.
Anyone who limits family size based on economic calculation is a fool. There, I said it.
I live in an upscale community and own a business in a nearby, slightly less upscale, community. The most active busness in the 2nd community is the new Goodwill store. The parking lot is absolutly jammed with cars, 7 days a week, from opening until close of business which is 9 PM.
I've never been inside because they have a drive throgh window where you can drop off donations, but something is keeping those customers coming on a daily basis. When they first opened, I thought they were training volunteers there, but it's been over a year and the traffic continues. This location was formerly a Sears Hardware store where I shopped frequeently, but there were never more than 10 cars in the lot at any time. Now that Goodwill has opened, there are 50-70 cars at all times.
Yes.
A lot of people are not marrying or having kids because they do not want the expense associated with that choice. But, I think even more than the financial cost, I think many people don’t want the responsibility and perceived loss of freedom. As a parent, I see their point, but I also know the great joy I have in being parent. So, choices have rewards and well as costs.
Why is the Housing Cost attributed to the child? Do childless couples live outside?
Well, I suppose that having children influences a couple to buy a larger house in a better neighborhood, whereasa childless couple might be content to live in a rental and spend their money on travel and big boy/big girl toys.
I fail to see the relevance of these stats. This is another govt. buacracy (sp) that is worthless and puts out worthless info.
Goodwill is cool...I just got a tube TV for my extra bedroom for $2 there. It’s a 20 inch Emerson flat screen new in the box from 5 or 7 years ago....never used. Also picked up a new in the box Black & decker one cup coffee maker for $1.
I also get Sifi books there for $1 when I want to do some junk reading. Lot’s of good stuff.
Looks like the biggest rise is in Childcare and Education. So, how does it look if mom stays home and raises said child?
My mom shops at a salvation army store. And garage sales.
If business is that good at the Goodwill store you should definitely pay them a visit. I went to a Goodwill store in a nicer suburb of DC once upon a time. I found a winter coat with mink collar for $5. Barely worn. The lining was scuffed in a few spots but the outside looked brand new. I wore that coat for years.
My kids aren’t too good to wear Walmart clothes. AND, I figured out about the time my second was born that if you look for the off season clearance rack at some Walmart stores you can get things for a steal.
I was in Walmart last December 24 looking for some last minute cooking stuff and just trolled by the kids clothes sections for a minute. What to my wondering eyes did appear was a whole rounder clearance rack of one piece bathing suits and summer separates. That had gone for $15+ during the summer. They were all marked down to $1. Yes, really. I picked up 2 suits in the sizes my kids would be this summer and 2 sizes in each of the sizes they’d be next summer and the next, etc. They have bathing suits for the next 10 years now. And I got all those for $12 total. I’ve found kids shirts for 50c sometimes and when I see shoes on sale I get those in sizes ahead too. Somebody’ll wear them.
We do this at Target too.
I have large ziploc bags organized in the top of their closet according to size with my finds just waiting for someone to grow into that stuff. Just basics like tshirts and tank tops and jeans and shorts and jean shorts and the like. We usually try to buy their Sunday dresses at the nicer consignment store. Or my mom makes them. She’s taken smocking and heirloom sewing classes for years just waiting for grandkids.
One thing about homeschooling, there isn’t the pressure to wear the latest and greatest to impress the little urchin that sits next to you. At OUR school the little urchin sitting next to you probably got their clothes at the same sale rack!
LOL.
None of our carseats has been in a wreck.
I did have to have 3 carseats of different sizes at the same time though. My kids were very close together.
And since they weren’t being ferried to daycare every day I seldom drove them anywhere more than once or twice a week.
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